Daniel Burge
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Daniel Burge In The News
Green Car Congress (2024-12-12)
With rapid reductions in production CAPEX, mainly driven by increased electrolyzer efficiencies and lower costs, expected by 2027, and the achievement of significant economies of scale across facilities predicted by 2030, global green hydrogen production costs are forecast to drop from an average of US$6-7/kg to approximately US$2.5/kg by the end of the decade. Additionally, by 2040, we expect LCOHs to have reached US$1.80/kg, primarily driven by falling prices for renewable energy. By 2050, green LCOHs will reach around US$1/kg as the market matures.
—Daniel Burge, Research Analyst at ABI Research
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The Boston Globe (2024-11-09)
The uncertainty brought by a Trump administration could be “suffocating” for emerging clean energy and clean tech industries, which face strong competition from rivals in China and Europe, said Daniel Burge, an energy solutions research analyst at ABI Research.
“It’s a young sector, which needs stability,” Burge said. “Other countries have had much more push behind their sectors.”
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Forbes (2024-11-04)
“Saudi Arabia’s investments in green hydrogen production will contribute significantly to scaling the wider market, with the Kingdom expected to produce the majority of the Middle East’s forecast 2.4 million tons of green hydrogen by 2027,” Daniel Burge, research analyst at global technology intelligence firm ABI Research, told me in an interview.
With the region — North Africa excluded — expected to contribute nearly 14% of the global green hydrogen supply by 2035, he says the Saudis will play a leading role. The plants built now will be the first to benefit from reductions in electrolyzer costs and improvements in efficiency and scale. If NEOM reaches its potential, “the Kingdom could be a major driver of the early clean hydrogen ecosystem.”
Moreover, Burge says green hydrogen offers Saudi Arabia an uncommon opportunity— to help the globe transition to clean energy.
“If planned large-scale electrolysis facilities are commissioned on schedule and connected to vast solar arrays, the Saudi green hydrogen industry will have all the components necessary to capitalize on a significant comparative advantage,” Burge added.
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